The investing firm aims to offer a “finance super app” with the capability to help investors make seamless trades and build long-term wealth with cutting edge and user-friendly tools. M1 Finance was founded in 2015 and is headquartered in Chicago, Illinois. Your card is also set up to seamlessly integrate with your M1 Finance account. The M1 Finance Owner’s Rewards Card is a Visa Signature card, so it comes with benefits like Visa Signature concierge, access to the Visa Signature Luxury Hotel Collection, lost and stolen card reporting and more. Cardholders can use M1 automation to move their rewards into their portfolio for continued growth and compounding. The biggest benefit of the M1 Finance Owner’s Rewards Card is the fact your rewards are automatically added to your M1 Finance investment account. Other M1 Finance Owner’s Rewards benefits The cash back is then automatically invested back into customers’ M1 Finance investing portfolios. Big brands that are currently eligible for bonus rewards include, Target, Netflix, Walmart, Delta, Starbucks, Peloton and more. If you decide to keep the card and drop M1 Plus, a $95 annual card fee applies.Ĭardholders earn a flat 1.5% back for every dollar they spend, as well as 2.5%, 5% or 10% back when they shop with select retailers or brands in which they own stock. If you get the card and use M1 Plus beyond the first year, you’ll need to pay the $125 annual fee. As of writing, M1 Finance is offering a free year of M1 Plus for new users to experience the firm’s upgraded investing experience ($125 retail value). People who sign up for the M1 Finance Owner’s Rewards Card will need to have an M1 Finance investing account. The investing-focused cash back credit card is currently on a waitlist, but should you get in line? While the M1 Finance Owner’s Rewards Card is certainly attractive, the way rewards are earned and redeemed makes this card a very specific option geared to a specific type of consumer. Major retailers and brands like, Walmart, Netflix and Peloton are on the list. With the new M1 Finance Owner’s Rewards Card, launched in August of 2021, investors can beef up their accounts by earning 1.5% back in rewards on everyday spending that is automatically invested back into their portfolio.īetter yet, bonus rewards are afforded when cardholders shop with companies whose stock they own. M1 Finance is known for offering app-based investing with fewer fees and smarter tools, yet M1 enthusiasts now have a new way to invest through everyday spending.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |